BNY Mellon AMT-Free Municipal Bond Fund - Class A (DMUAX)
| Fund Assets | 1.82B |
| Expense Ratio | 0.69% |
| Min. Investment | $1,000 |
| Turnover | 19.60% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 2.98% |
| Dividend Growth | 9.62% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 14.08 |
| YTD Return | 1.13% |
| 1-Year Return | 4.44% |
| 5-Year Return | 2.18% |
| 52-Week Low | 12.89 |
| 52-Week High | 14.08 |
| Beta (5Y) | n/a |
| Holdings | 588 |
| Inception Date | Mar 31, 2003 |
About DMUAX
BNY Mellon AMT-Free Municipal Bond Fund Class A is an open-end mutual fund specializing in municipal bonds. Its primary objective is to deliver a high level of current income that is exempt from federal income tax, including exemption from the federal alternative minimum tax. The fund typically invests at least 80% of its assets in municipal bonds issued by U.S. states, territories, and their various governmental entities, focusing on those rated A or better or their unrated equivalents, with up to 35% allowed in lower-rated or high-yield bonds. Emphasizing credit quality and sector diversification, the fund's portfolio is managed using fundamental credit analysis aimed at identifying undervalued securities and sectors while maintaining a long average maturity, often exceeding ten years. This strategy supports investors seeking tax-advantaged fixed income exposure, making the fund a significant option for individuals looking to preserve capital and generate tax-free income in the municipal bond market.
Performance
DMUAX had a total return of 4.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.54%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLUVX | Fidelity | Fidelity Advisor Municipal Income Fund - Class M | 0.75% |
| FKISX | Fidelity | Fidelity Advisor Municipal Income Fund - Class C | 1.50% |
| FROGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class I | 0.51% |
| FUENX | Fidelity | Fidelity Flex Municipal Income Fund | n/a |
| FHIGX | Fidelity | Fidelity Municipal Income Fund | 0.44% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03758 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03815 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0331 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03873 | Oct 31, 2025 |
| Sep 30, 2025 | $0.0345 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03795 | Aug 29, 2025 |